PANews reported on April 18 that according to Cointelegraph, on April 17, the price of gold soared to an all-time high of $3,357 per ounce, sparking speculation about whether Bitcoin would follow suit. In 2017, Bitcoin soared to $19,120 after gold rose 30% a few months ago. Similarly, during the 2020 COVID-19 pandemic, gold reached a new high of nearly $2,075, and then Bitcoin soared to $69,000 in 2021. Historically, whenever gold rises, Bitcoin has broken through its previous all-time high, reflecting the dynamic relationship between the two assets during times of economic uncertainty and when investors are looking for alternatives to the dollar.

Further highlighting the correlation between the two assets, Theya Head of Growth Joe Consorti noted that Bitcoin follows gold’s directional movements with a lag of 100-150 days. “When the printing presses start, gold will smell it first, and then Bitcoin will follow more aggressively,” Consorti said. Considering Consorti’s views, Bitcoin is expected to reach new all-time highs between Q3 and Q4 of 2025. Anonymous Bitcoin supporter apsk32 expects a similar result or bull run between July and November.